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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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Hong Kong authorities charge ex-Huobi manager with illicit trading
28 Jun 2022 03:00 The former Huobi manager is accused of setting up an account, approved a $20 million credit line to himself, and then started trading against Huobi, netting $5 million in profits. [...]
CSDN and BSV Jointly Launch the Preliminary Qualification for Blockchain Engineers CSDN and BSV have launched the preliminary qualification programme for block-chain engineers. Students who successfully pass the final exam will be awarded a 'Certificate for Preliminary Qualification of Blockchain Engineers'. [...]
Unbounded Capital ‘What is the future of NFTs’ webinar: Gaming as the wedge vertical At present people see NFTs as static images, art, etc., or representing a plot of land, but the terminology and structures will change and improve over time, including interoperability across blockchains. [...]
Global IoT Summit in Dublin: Post-event roundup Experts in IPv6, blockchain technology, 5G, and the Internet of Things were present at the Global IoT Summit in Dublin, which made for a lively event full of insights and interesting takeaways. [...]
FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison
SEC Chair Gensler Affirms Bitcoin Is a Commodity — ‘That’s the Only One I’m Going to Say’
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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